A consortium which includes former Brazil striker Alexandre Pato is reportedly set to buy a majority stake in Northampton Town.Sports Alpha Capital have agreed a purchase of the League Two club after pulling out of a deal to takeover Colchester United earlier this year.A consortium is set to purchase a majority stake in NorthamptonReutersNorthampton will play in the fourth-tier for the first time since 2023 this season.It follows their relegation from League One in May after a three-year stay in the division.Chris Hogg has since been appointed as the club’s new manager, with seven players signed already this summer.His side face Leicester City away from home in the Carabao Cup first round on Saturday before starting their league campaign at home to Swindon Town on August 15.Northampton takeoverThe Cobblers have been owned by current chairman Kelvin Thomas since he bought the club in 2015.However, Thomas confirmed last week that a ‘well-funded’ group had agreed to invest in the club.Former AC Milan forward and Chelsea loanee Pato is part of the Sports Alpha Capital consortium set to buy the club.Whilst the 36-year-old is involved with the takeover bid, he is not fronting the group, according to BBC Sport.Best known for his time with Italian giants Milan, Pato also had spells in Spain, China, the USA and his native Brazil as a player.He also scored once in two Premier League appearances on loan at Chelsea during the second half of the 2015/16 season.Northampton will play in League Two this season following their relegation last termAlamyIn five-and-a-half years at Milan, Pato made 150 appearances, scoring 63 goals and was part of the side which won the Serie A title in 2011.Pato, who retired from playing in January 2025 with Sao Paulo his final club, was also involved with the consortium during their previous talks to buy Colchester United.Colchester talksThe group having discussions over investing in Colchester came to light back in January, with Pato present for a 2-1 home win over Fleetwood Town.However, the group were ultimately unable to reach an agreement despite their visit to the JobServe Community Stadium.U’s owner Robbie Cowling had invited bids from potential investors in September last year.At the time, he revealed investors from the UK, Europe, the USA and the Middle East had all expressed an interest.Ex-Brazil striker Pato was part of the consortium during their talks to buy ColchesterGettyAn unnamed consortium also held talks over a potential deal in April, the club confirmed.Colchester finished 12th in League Two last season, ending the campaign 12 points adrift of the play-off places.